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August 2010
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Insurers' Reinsurance Admin Tech Could Improve

by Insurance Networking News - Aug 18,2010

Insurers have room to grow in the reinsurance-processing department, according to a survey conducted on behalf of Inpoint Services, an Aon  company. Though reinsurance recoverables are among their largest assets, most insurers lack a dedicated staff to administer those claims, ... [full story]

3 Tips to Quickly Raise Your Credit Score

by Insurance Headlines - Aug 18,2010

You're planning on buying a house in a few months and want to do everything possible to raise your credit score before you apply for a mortgage. What are the three most important things you can do today for a ... [full story]

5 years after Katrina: Can it happen again?

by Uro Today - Aug 30,2010

In the five years since Hurricane Katrina devastated New Orleans, the city has recovered better than many predicted. To paraphrase the great Southern writer William Faulkner, it has not only endured but prevailed. Katrina cost the city more than ... [full story]

69 Insurance Industry Companies Cited For Fast Growth

by Insurance Networking News - Aug 31,2010

Despite much of the doom and gloom being reported about the insurance industry lately, what with AIG and its ongoing trails and tribulations regularly splashed across headlines everywhere, the industry can hold its head high today after a number of ... [full story]

Atlantic Hotter Than Before Katrina, Boosting Storm Forecasts

by - Aug 10,2010

William Gray, who pioneered seasonal hurricane forecasting at Colorado State University 26 years ago, rings a bell each Aug. 20 and tells colleagues, “I have been appointed by Chicken Little to inform you that the heart of the hurricane season ... [full story]

Bank customers fighting overdraft fees in court

by AP Associated Press - Aug 13,2010

DES MOINES, Iowa - Bank customers fighting high overdraft fees got a boost on Tuesday with a win in federal court in California against Wells Fargo & Co., but that case has limited legal impact. A similar federal court ... [full story]

Beyond Big Easy, a 'faith-based' approach on flood insurance

by - Aug 30,2010

Away from New Orleans, with its unique geography and dependence on levees, discussion of hurricanes inevitably turns to insurance. After Katrina struck in 2005, there was much talk about reforming insurance programs in coastal areas to protect taxpayers and promote ... [full story]

Calif. wildfire forces hundreds from homes

by AP Associated Press - Aug 02,2010

PALMDALE, California (AP) — A huge wildfire churned through high desert wilderness north of Los Angeles on Friday, destroying a few buildings and forcing people from about 2,000 homes. Most of the displaced residents were allowed to return as the ... [full story]

Catastrophe bond issues headed to 2007 highs

by - Aug 25,2010

(Reuters)—New issues of insurance catastrophe bonds should rapidly rebound to pre-financial-crisis highs as securities markets stabilize, insurance broker Aon Benfield said Monday. Investors are showing sustained interest in so-called cat bonds, which enable insurance companies to transfer big risks, ... [full story]

Consumer Advocates Urge Governor Schwarzenegger to Sign Low Cost Auto Insurance Extension Legislation

by PR Newswire - Aug 13,2010

SANTA MONICA, Calif. /PRNewswire-USNewswire/ -- California lawmakers gave final approval Wednesday to legislation strengthening and extending the innovative "Low Cost Auto Insurance Program" that offers an affordable bare bones car insurance policy to low-income motorists with no taxpayer cost. Consumer ... [full story]

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